The central government debt as of end-January 2023 amounted to EUR 20.58 billion as compared to December 2022, which is an increase of EUR 1.95 billion, the Ministry of Finance reported. It is mainly due to the new debt assumed in January on the government securities market when the country sold government securities to the tune of EUR 1.5 billion with maturity of 10 years. Part of the new debt covered the budget deficit and the rest is in the fiscal reserve.
As regards the debt structure by instruments, as of 31 January 2023, the main share continues to belong to bonds issued on international capital markets – 56.3%, followed by government securities issued on the domestic market – 26.9%, and by government loans – 16.9%, the Ministry of Finance said.
Caretaker Deputy Prime Minister and Finance Minister Lyudmila Petkova, Vice President of the European Commission Valdis Dombrovskis and European Commissioner for Economy Paolo Gentiloni signed, in Luxemburg, a partnership agreement between the..
The country's GDP stands at 64% of the European average. Unlike Romania, we have not yet crossed the 70% threshold. What distinguishes Bulgaria from other countries in the region is that they have higher levels of investment, better rule of law, and..
Bulgaria is among the largest producers of lavender oil in the world. Nearly 100% of it is export-oriented. The highest demand is in the USA, Germany, France, Austria, The Netherlands, India, Great Britain, Spain, Canada, Marocco,..
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